Bitaxis Capital

Overview of Bitaxis Capital

Bitaxis Capital is an online trading broker that offers trading services for cryptocurrencies. The company is located at 17 Grosvenor Street, London, England, United Kingdom, W1K 4QG. They provide a platform for individuals interested in trading various digital assets.

Is Bitaxis Capital legit or a scam？

Based on the information provided, it appears that Bitaxis Capital has raised concerns about its legitimacy. There are warnings indicating that the company is unregulated and has been blacklisted. Additionally, feedback from users on social media platforms and online trading forums suggests dissatisfaction with Bitaxis Capital's services. Therefore, caution should be exercised before considering investing or trading with this platform.

Pros and Cons

Bitaxis Capital provides access to cryptocurrency trading, allowing users to trade a wide variety of cryptocurrencies.Additionally, Bitaxis Capital operates through an online platform, which offers convenience and accessibility. Trading cryptocurrencies also presents potential profit opportunities. The dynamic nature of the cryptocurrency market means that prices can fluctuate rapidly, providing opportunities for traders to generate profits.

However,Bitaxis Capital lacks regulation and has been blacklisted, which raises concerns about the security of funds and investor protection. Furthermore, negative user feedback indicates dissatisfaction with Bitaxis Capital's services and reliability. It is important to consider the experiences and opinions of other users before engaging with the platform.Lastly, the limited legal recourse associated with an unregulated broker like Bitaxis Capital can pose challenges.

Market Instruments

Bitaxis Capital offers trading services for a variety of cryptocurrencies. While specific details about the available market instruments are not provided, it can be assumed that major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) might be available for trading.

Account Types

Information regarding the account types offered by Bitaxis Capital is not available. Typically, trading platforms offer different account types tailored to meet the needs of different traders, such as basic accounts for beginners and advanced accounts for experienced traders. These accounts may vary in terms of features, minimum deposit requirements, and access to additional trading tools.

How to Open an Account？

The process to open an account with Bitaxis Capital is not outlined in the provided information. However, in general, opening an account with an online trading platform involves visiting the platform's website, completing a registration form, providing personal information, and agreeing to the platform's terms and conditions. It is important to carefully review the platform's policies, including its regulatory status, before opening an account.

Leverage

Details about the leverage offered by Bitaxis Capital are not available. Leverage allows traders to amplify their positions with borrowed funds, potentially increasing both profits and losses. Different platforms offer varying levels of leverage, and it is crucial to understand and use it judiciously due to the associated risks.

Spreads & Commissions

The information does not mention specific details about spreads and commissions charged by Bitaxis Capital. However, it is common for trading platforms to charge spreads, which are the differences between buying and selling prices of assets, or commissions on trades. Traders should review the fee structure of the platform to understand the costs associated with trading.

Risk warning

Based on the provided information that there is no accessible official website for Bitaxis Capital and limited positive feedback online, it is important to exercise caution and consider the following risk warnings. The lack of a verifiable online presence raises concerns about the transparency and credibility of Bitaxis Capital.

Additionally, the scarcity of positive feedback online may indicate a lack of established reputation or limited user experiences, posing potential risks when considering investment opportunities with Bitaxis Capital. It is advisable to conduct thorough due diligence, seek independent financial advice, and proceed with caution when dealing with an entity that lacks sufficient online presence and positive feedback.

Customer Support

Bitaxis Capital can be contacted through phone at +447888878150 or via email at support@bitaxiscapitals.com. The level of customer support provided by the company is not detailed in the available information. However, responsive and reliable customer support is essential when dealing with a trading platform, especially in case of issues or inquiries.

Customer reviews

Bitaxis Capital has a total of 8 reviews on web, with an average rating of 2.1 out of 5 stars. The reviews are mixed, with some customers praising the company's customer service and others complaining about high fees and slow withdrawals.

One of the most positive reviews is from a customer who says that they were able to make a significant amount of money through Bitaxis Capital's trading platform. The customer also praised the company's customer service, saying that they were always available to answer questions and help with problems.

However, other customers have had more negative experiences with Bitaxis Capital. One customer complains about high fees, saying that they were charged a “hefty” fee to withdraw their funds. Another customer says that they were never able to withdraw their funds, even after contacting customer service multiple times.

Conclusion

Based on the available information, Bitaxis Capital raises concerns about its legitimacy, as it is reported to be unregulated and blacklisted. User feedback also suggests dissatisfaction with the company's services. It is crucial to exercise caution and conduct thorough research before considering any involvement with Bitaxis Capital or any other trading platform.

FAQs

1. Is Bitaxis Capital a legitimate company？

   Based on the information provided, Bitaxis Capital is reported to be unregulated and blacklisted, raising concerns about its legitimacy. Caution should be exercised when dealing with this company.

2. What market instruments are available on Bitaxis Capital？

   Specific details about the market instruments available on Bitaxis Capital are not provided. However, it can be assumed that major cryptocurrencies are likely to be available for trading.

3. How can I open an account with Bitaxis Capital？

   Information about the account opening process for Bitaxis Capital is not outlined in the available information. It is advisable to refer to the company's website or contact their customer support for specific instructions.

4. What is the leverage offered by Bitaxis Capital？

   The leverage offered by Bitaxis Capital is not specified in the provided information. Leverage options may vary depending on the platform's policies and regulatory requirements.

5. How can I contact Bitaxis Capital's customer support？

   Bitaxis Capital can be contacted via phone at +447888878150 or by email at support@bitaxiscapitals.com.